AGRON CORPORATE AS: årsregnskap 2020 vs 2019
Shrank 7% on revenue
approved 2021-08-11; registry 2021-08-30; journal 2021 654729
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRON CORPORATE AS. Revenue 449.2k NOK → 415.9k NOK (-7.4%). Net result +288.2k NOK → +322.5k NOK. Equity 580.9k NOK → 12 NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRON CORPORATE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +288.2k NOK → +322.5k NOK (net margin 64.2% → 77.5%). Calculated
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↑
Cash rose
Bank deposits 114.8k NOK → 504.7k NOK (+339.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 449.2k NOK to 415.9k NOK (-7.4% YoY). Calculated
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↓
Operating result weakened
Operating result +362.1k NOK → +356.6k NOK (op. margin 80.6% → 85.7%). Calculated
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↓
Equity eroded
Book equity 580.9k NOK → 12 NOK (equity ratio 60.7% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 523.7k NOK → 15.0k NOK. Reported fact